Stevens Brian 4
4 · Advantage Solutions Inc. · Filed Mar 14, 2023
Insider Transaction Report
Form 4
Stevens Brian
CFO & COO
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-11+24,306→ 388,827 total - Tax Payment
Class A Common Stock
2023-03-11$2.02/sh−28,141$56,845→ 360,686 total - Exercise/Conversion
Performance Restricted Stock Unit
2023-03-11−24,306→ 166,945 total→ Class A Common Stock (24,306 underlying)
Footnotes (3)
- [F1]Represents the partial vesting of a Performance Restricted Stock Unit (PSU) award originally granted on March 11, 2022.
- [F2]Represents shares withheld by the Company to satisfy tax withholding requirements on vesting of the PSUs and restricted stock units previously reported in Table I as Class A Common Stock.
- [F3]In connection with the vesting reported herein, 59,166 of the PSUs originally awarded to the Reporting Person were cancelled for no consideration. Subject to the achievement of certain performance conditions based on Adjusted EBITDA and Revenue, the remaining PSUs are scheduled to vest over a two-year period and may vest from 0% to 150% of the target number of PSUs reported on this Form 4.